Month: October 2024

Євросоюз

China says anti-dumping move on EU brandy is legitimate trade measure

BEIJING — China’s anti-dumping measures against brandies imported from the European Union are “legitimate trade remedy measures,” the commerce ministry said on Wednesday, a day after imposing the temporary curb. French brands such as Hennessy and Remy Martin will face the strictures, adopted just days after the 27-nation bloc voted for tariffs on Chinese-made electric vehicles (EVs), sparking its biggest trade row with Beijing in a decade. China’s commerce ministry said preliminary findings of an investigation showed that dumping of brandy from the European Union threatened “substantial damage” to domestic industry. On Wednesday the ministry said the EU’s actions against Chinese …

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Євросоюз

British Foreign Secretary Lammy to visit China in bid to reset ties, sources say

BEIJING — Britain’s Foreign Secretary David Lammy will visit China next week, sources familiar with the plan said, as the new Labor government seeks less confrontational ties with the world’s second-largest economy and to resume trade and investment talks. British officials have said they want to recalibrate many of the previous Conservative Party-led government’s positions on China, which it described as an “epoch-defining challenge,” particularly around accepting Chinese job-creating investment. But Britain is unlikely to budge on issues such as Chinese firms’ involvement in providing key infrastructure, human rights and restoring the license of state broadcaster CGTN, as it is controlled …

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Євросоюз

Renewable energy to fall short of UN goal to triple by 2030, IEA says

LONDON — Renewable energy sources are set to meet nearly half of all electricity demand by the end of the decade, but to fall short of a U.N. goal to triple capacity to reduce carbon emissions, an International Energy Agency (IEA) report showed on Wednesday. The world is set to add more than 5,500 gigawatts (GW) of renewable energy capacity between now and 2030, almost three times the increase between 2017 and 2023, the IEA Renewables 2024 report said. It said the increase is equivalent to the current power capacity of China, the European Union, India and the United States combined, …

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Євросоюз

France’s minority government survives no-confidence vote, 2 weeks after taking office

PARIS — France’s minority government survived a no-confidence vote on Tuesday, two weeks after taking office, getting over the first hurdle placed by left-wing lawmakers to bring down new conservative Prime Minister Michel Barnier.  The vote was a key test for Barnier, whose Cabinet is forced to rely on the far right’s good will to be able to stay in power.  The no-confidence motion was brought by a left-wing coalition, the New Popular Front. It received 197 votes, far from the 289 votes needed to pass. The far-right National Rally group, which counts 125 lawmakers, abstained from voting.  Following June-July parliamentary …

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Євросоюз

Hungary’s Sovereignty Protection law a threat to independent media, analysts say

The European Commission has filed a lawsuit over Hungary’s Sovereignty Protection legislation, saying it violates EU law. Opponents see the law as a threat to the few remaining independent media outlets in Hungary, which rely on international funding sources. VOA’s Eastern Europe bureau chief Myroslava Gongadze reports from Budapest. VOA footage and video editing by Daniil Batushchak. …

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